PRESS RELEASE FOR ISSUE MONDAY 23 JANUARY

Community Consultation Starts on Shell Centre Redevelopment

23 January 2012: The public will get the chance to have their say on the future of the area surrounding one of the capital’s most iconic buildings through a series of independent consultation workshops starting on 1 and 2 February 2012.

Local people are being asked to put forward aspirations for the mixed use redevelopment of the Shell Centre on London’s South Bank, which is being developed by a joint venture comprising Canary Wharf Group and Qatari Diar. The proposals will incorporate the existing Shell tower and a new office building for Shell, with Shell expecting to remain in occupation for the duration of the redevelopment.

Led by independent consultants Soundings, the workshops are designed to enable the proposals to respond to the needs of Waterloo residents, local employees and visitors who enjoy the facilities of the South Bank area. The exercise will reflect the importance of this part of the South Bank, in the context of London as a whole, as a transport hub and cultural destination.

A range of approaches to the development will be discussed which will then form a briefing from the community to the developers to inform a masterplan for the site.

A spokesperson for the joint venture said, “It’s really important that local people have the chance to tell us what they’d like from the Shell Centre site, and we are therefore urging all those who are interested to attend one of these workshops.

“We hope to establish an open, dynamic and on-going conversation with the South Bank community and all stakeholders, to help shape the plans as they emerge.”

“We are well aware that a vibrant and sustainable community is essential to the future of the South Bank and are working with Shell to safeguard the future enjoyment of the area for residents, businesses and the wider London community.”

Both joint venture partners have a strong track record in engaging with their local communities, and facilitating the social, environmental and economic regeneration of London.

A Shell spokesperson said, “We are pleased that the developers are adopting this positive approach to consultation. Shell is committed to the South Bank and the very real improvements which redevelopment will bring.”

The consultation workshops will take place in the former Shell Centre reception on York Road. To register your interest, please email shellcentredialogue@soundingsoffice.com.

Wednesday 1 February
Exhibition 3.00-6.00pm
Workshop 6.30-8.30pm

Thursday 2 February
Exhibition 11.00am-2.00pm
Workshop 3.00-5.00pm
Exhibition 5.30-8.30pm

For more information, visit www.shellcentredialogue.com.

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Notes to editors:

For further media enquiries, please contact:

Tim Carlton Jones: +44 (0)20 7861 2850 / tcarltonjones@bell-pottinger.co.uk

Emily Luscombe: +44 (0)20 7861 2494 / eluscombe@bell-pottinger.co.uk


About the Shell Centre Redevelopment

In July 2011 developers Qatari Diar and Canary Wharf Group signed an agreement with Royal Dutch Shell to redevelop the Shell Centre site on London’s South Bank. The developers will take the 5.25 acre site on a 999 year lease, with Shell remaining the freeholder. The development will be mixed use comprising office, retail and residential space, subject to public consultation and planning consent.
The well known, 27 storey tower in the middle of the Shell Centre is retained and occupied by Shell. Shell will also take a 210,000 sq. ft. pre-let of one of the new office buildings to be constructed on the site. Shell is committed to returning its entire London workforce back to the redeveloped site on completion.


About Canary Wharf Group plc:

Canary Wharf Group plc is an integrated property development, investment and management group of companies. It is focussed on the design, construction, leasing and management of grade A office space and high-quality retail and leisure facilities in central London. Over the past 20 years Canary Wharf Group has regenerated derelict wharves into one of the world’s premier business and shopping districts, constructing over 15 m sq ft of office space; more than any other company in London. These buildings are occupied by 95,000 people. The Shell Centre will be The Group’s fourth project away from the Canary Wharf Estate, following the successful completion of Pan Peninsula, Drapers Gardens and ongoing construction of 20 Fenchurch Street (Walkie Talkie) in the City of London, which is in a joint venture with Land Securities. Canary Wharf Group’s tenants, clients and occupiers include some of the world’s leading business organisations from the media, legal, accounting, financial services, IT, energy and transport sectors. Canary Wharf Group has also developed and successfully let over 200 shops, bars, cafes and restaurants including many of Britain’s leading brands. Canary Wharf Group has been named one of the Sunday Times 60 Best Green Companies in the UK since 2008, was the Property Week Offices Developer of the Year 2010 and also won the Christie’s 2010 Award for Best Corporate Art Collection and Programme at the International Art and Work Awards. www.canarywharf.com

About Qatari Diar Real Estate Investment Company:

Wholly owned by the Qatar Investment Authority, Qatari Diar Real Estate Investment Company was established in December 2005 to support Qatar’s growing economy and to co-ordinate the country’s real estate development priorities. Qatari Diar is currently involved in more than 35 signature projects in more than 20 countries around the world. Qatari Diar is becoming established as one of the world’s most trusted and respected real estate companies because of its commitment to quality, local community, partnership and hallmark sustainability. Qatari Diar’s hallmark vision of sustainable development places community and local traditions at the forefront. The Company aims to create and manage property investments and developments which not only comply with the best international standards, but which also strongly reflect local culture and values. As a result, Qatari Diar’s projects deliver a distinctive and sustainable social, economic and environmental benefit to the community. In addition, Qatari Diar often enables local and international developers and investors to partner in its projects, and to work together in exploring other opportunities, both locally and internationally. www.qataridiar.com